All Finance articles – Page 145
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NewsJohn West hit by 78% profits decline as shoppers trade down
John West profits have sunk by 78% as cash-strapped shoppers flocked to discounters and turned to own label to combat inflation.
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NewsCity snapshot: Rémy Cointreau hit by sharp US sales slowdown
French spirit maker Rémy Cointreau has slashed growth expectations after posting a double-digit drop in organic sales in its second quarter amid a slowdown of sales in the US
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NewsMedia Bites 27 October: Unilever, Tesco, Wilko
Unilever’s new chief executive said that the idea of corporate purpose could be an ‘unwelcome distraction’ for some brands
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NewsOatsu hits funding target as it prepares for major listings
Healthy breakfast start-up Oatsu has surpassed a £100k crowdfunding target as it prepares to launch overnight oats in Holland & Barrett and Co-op.
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NewsCity snapshot: Unilever sales growth slows as volumes remain in decline
Sales growth at Unilever slowed to 5.2% in the third quarter as pricing eased and volumes remained in decline. Plus trading updates from Danone, DS Smith and C&C Group
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NewsMedia Bites 26 October: Shoplifting, Christmas, Reckitt Benckiser, Heineken
John Lewis chair Sharon White has raised fears for the safety of store workers amid a rise of “organised gangs” of shoplifters targeting high-value items
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Promotional FeaturesWhy optimising payment processing can benefit grocery retailers
The potential of payment processing is often underestimated in the retail environment. Find out how grocery retailers are missing an opportunity to reap multiple benefits from the payment transaction process.
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NewsSignature Brew plots supermarket launch as it hits £700k crowd goal
Signature Brew has launched a £700k crowdfunding campaign to fuel growth and take its beer into supermarkets
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NewsNirvana raises £500k to maintain growth momentum for its low & no brews
The low & now alcohol brewery will use the funds to maintain trading momentum as the London-based business enjoys its most successful year to date
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NewsCity snapshot: Virgin Wines tumbles into the red as sales falter
Virgin Wines UK has fallen into the red as pressure on consumer spending hit revenues and rising costs hurt margins. Plus, Reckitt and Heineken Q3 volumes tumble on higher prices, while Nichols appoints a new CFO.
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NewsMedia Bites 25 October: Christmas retail, Shoplifting, AG Barr
Britons are planning to party at home and save on trips out this Christmas as the cost of living crisis continues to put a dampener on celebrations
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NewsCoca-Cola sees boost to volumes despite higher prices
Coca-Cola has defied the trend for declining volumes at its global CPG peers as consumers kept buying its flagship drinks despite further price increases
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NewsCity snapshot: AG Barr acquires Rio soft drinks brand
AG Barr has announced it has agreed a deal to acquire Rio Tropical, the owner of the Rio soft drinks brand.
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NewsMedia Bites 24 October: Eggs, Lidl, real living wage
Low-welfare eggs are flooding into the UK from abroad as experts warn the effects of Brexit could cause even more to be imported.
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NewsFresca Group boasts of strong year as it invests in Thanet Earth
The group saw annual sales growth of 7.9% in its latest results for the fiscal year 2022-2023
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NewsMedia Bites 23 October: UK retail, Pret a Manger, John Lewis Partnership
High streets are in the grip of a ‘retail recession’, economists have warned, after shop sales slumped unexpectedly rapidly in September
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NewsCity Snapshot: ‘Unwavering commitment’ in London sees Lidl become capital’s third biggest supermarket
Lidl has overtaken Asda to become the third largest supermarket in London, hitting a market share high of 9.1%.
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NewsCity snapshot: Treatt seeks new CEO as Daemmon Reeve retires
Drinks ingredients supplier Treatt has kicked off a search for a new CEO after Daemmon Reeve informed the board of his decision to retire from the role he has held for the past 11 years. Plus, retail sales register bigger-than-expected drop in September and consumer confidence plunges in October.
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NewsMedia Bites 20 October: shoplifting, Nestle, Deliveroo
Shoplifting has hit a record high of 1,000 offences a day, an unprecedented 25% increase in a year, official figures showed on Thursday.
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NewsCity News: Nestlé shares sink as shoppers baulk at continued higher prices
Shares in Nestlé sank on Thursday as the world’s biggest food group revealed lower-than-expected sales growth in the first nine months of 2023.